Directorate Change and Board Committee Membership

London, 16 November 2023 - Energean is delighted to announce that Mr Martin Houston will join the Board of Energean as an Independent Non-Executive Director with immediate effect. Mr Houston will join the Remuneration & Talent Committee and the Audit & Risk Committee.

Mr Houston has 44 years of experience across the entire oil & gas value chain. As COO and Director of BG Group plc he was instrumental in the creation and development of a globally integrated natural gas, LNG and trading group. In recognition of his achievements in global LNG, he was the first recipient of the CWC LNG Executive of the Year award (2011). He has since co-founded Tellurian Inc. and is now the vice chairman. In February 2018 he was appointed by global investment bank, Moelis and Company as Chairman of its global energy group. Martin is also a non-executive director of private E&P company CC Energy and of Bupa Arabia, a Saudi-listed healthcare company. He was previously the Chair of EnQuest plc.

In accordance with the Listing Rules, there is no further information required to be disclosed pursuant to LR 9.6.13R.

Pursuant to Listing Rule 9.6.11(3), Energean also announces the appointment of Andrew Bartlett as Senior Independent Non-Executive Director. An Energean Non-Executive Director since before the IPO, he has over 30 years' experience in upstream energy and capital markets, primarily at Shell and Standard Chartered, with the majority of that experience focused on emerging markets.

Karen Simon, Chair of Energean commented "We are excited to welcome Martin to the team. With four decades of experience across the energy value chain, and with a particular focus on global gas markets, Martin will be a valuable asset to the Board and to our discussions.

I also welcome Andrew's commitment to Energean, stepping up again to be our Senior Independent Director. He has exactly the right experience and personality to manage this crucial role."

The Company also announces that the following changes have been made to the membership of its committees, to take place with effect from 16 November 2023:

• Martin Houston, Independent Non-Executive Director, will be appointed to the Audit & Risk Committee and the Remuneration & Talent Committee.
• Amy Lashinsky, Independent Non-Executive Director, will be appointed to the Environment, Safety & Social Responsibility Committee.
• Andreas Persianis, Independent Non-Executive Director, will be appointed as Chair to the Environment, Safety & Social Responsibility Committee.
• Kimberley Wood, Independent Non-Executive Director, is to step down from the Audit & Risk Committee.

Following the changes noted above, the membership of the Company's board committees will be as follows: